Spotify (SPOT) ended the recent trading session at $400.68, demonstrating a +0.21% swing from the preceding day's closing price. This move lagged the S&P 500's daily gain of 0.38%. Elsewhere, the Dow saw an upswing of 0.59%, while the tech-heavy Nasdaq appreciated by 0.09%.Prior to today's trading, shares of the music-streaming service operator had gained 5.78% over the past month. This has lagged the Business Services sector's gain of 11.43% and outpaced the S&P 500's gain of 4.9% in that time.Analysts and ...

The upcoming report from Spotify (SPOT) is expected to reveal quarterly earnings of $1.74 per share, indicating an increase of 383.3% compared to the year-ago period. Analysts forecast revenues of $4.38 billion, representing an increase of 19.8% year over year.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Ahead of a compa ...

Spotify stock is on fire, but the best may still be ahead for investors.Spotify (SPOT 1.30%) is a leader in music streaming, but its growth may come from new revenue streams like podcasts, video, and advertising. In this video, Travis Hoium discusses Spotify's strategy, growth, risks, and why this could be a 10x stock for long-term investors.*Stock prices used were end-of-day prices of Nov. 5, 2024. The video was published on Nov. 6, 2024. ...

In the latest trading session, Spotify (SPOT) closed at $384.50, marking a -0.16% move from the previous day. The stock's performance was behind the S&P 500's daily gain of 0.41%. Meanwhile, the Dow experienced a rise of 0.69%, and the technology-dominated Nasdaq saw an increase of 0.8%.The the stock of music-streaming service operator has risen by 3.35% in the past month, leading the Business Services sector's gain of 0.16% and the S&P 500's loss of 0.97%.The upcoming earnings release of Spotify will be of ...

The Evolution of Media and Politics For decades, media and politics have been connected at the hips. Politicians leverage media to get their message out to the public, while media uses politicians to gain advertising dollars and viewership. Throughout U.S. history, the media has had a dramatic impact on politics and the country. In the early 1900s, Teddy Roosevelt had to ride a train throughout the country and tirelessly shout his message at large crowds. While political rallies of this nature occur today, ...

Stock Options and Spotify's Market Activity - Investors can gain exposure to a stock's directional move through stock options, which offer leverage but require precise timing and direction due to expiration dates [1] - Spotify Technology's NYSE: SPOT options volume spiked recently, with net call option buyers purchasing $198,826 worth of contracts in the past month, indicating bullish sentiment ahead of earnings [2] Spotify's Business Model and Market Position - Spotify operates in the technology sector with a subscription-based model, offering predictable cash flows and low overhead costs, making it attractive in a weakening consumer discretionary market [3] - Unlike other discretionary items, entertainment subscriptions like Spotify are less likely to be canceled, providing demand predictability and cash flow stability [4] Wall Street's Outlook on Spotify Stock - Wall Street analysts expect Spotify stock to reach new highs, with Pivotal Research setting a price target of $510, implying a 33.7% upside from current levels [5] - Keycorp also set a bullish price target of $490, reinforcing the positive sentiment ahead of earnings [6] - Institutional buyers like Perpetual Ltd increased their Spotify holdings by 24.3%, bringing their total holdings to $279.8 million [6] Valuation Metrics and Market Trends - Spotify's P/E ratio of 149.7x significantly exceeds the business sector average of 42.6x, reflecting a premium valuation due to its inflation-beating growth and stability [7] - The stock's price-to-book (P/B) ratio of 26.5x is also much higher than the industry average of 4.8x, indicating market willingness to overpay for exposure [7] Analyst Ratings and MarketBeat Insights - Spotify currently holds a "Moderate Buy" rating among analysts, but it was not included in MarketBeat's list of top five stocks recommended by top-rated analysts [8][9]

Spotify Technology S.A. (SPOT) has seen its stock skyrocket 98.2% year to date, significantly outperforming the 33.5% rally of the industry. Zacks Investment Research Image Source: As of the last trading session, the stock closed at $372.5, close to its 52-week high of $389.23. SPOT is trading above its 50-day moving average, indicating a bullish sentiment among investors. SPOT Stock Trades Above 50-Day Average Zacks Investment Research Image Source: Given the continuous strength in SPOT shares, investors m ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Spotify (SPOT) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock ...

Music streaming company Spotify said today that it is testing music videos for premium users in 85 additional markets. The company first ran a video experiment in limited markets in March. Spotify originally rolled out music videos in beta in 11 countries, including the U.K., Germany, Italy, the Netherlands, Poland, Sweden, Brazil, Colombia, the Philippines, Indonesia, and Kenya. Earlier this year, Egypt was added to the list. The company didn't specify if these 85 new markets included the U.S. It's a large ...

Spotify (SPOT) ended the recent trading session at $373.98, demonstrating a +0.97% swing from the preceding day's closing price. The stock outperformed the S&P 500, which registered a daily gain of 0.71%. Meanwhile, the Dow gained 1.03%, and the Nasdaq, a tech-heavy index, added 0.6%. The the stock of music-streaming service operator has risen by 13.27% in the past month, leading the Business Services sector's gain of 5.54% and the S&P 500's gain of 6.41%. The upcoming earnings release of Spotify will be of ...